MercoPress. South Atlantic News Agency
Caricom considering ECLAC proposal to write-off its multilateral debt
The Caribbean Community, Caricom is considering a proposal for the region to pursue gradual write-off of its multilateral debt as a means of economic prosperity. The debt relief strategy was put forward by Alicia Barcena from the Economic Commission of Latin America and the Caribbean (ECLAC), at the 36th Regular Meeting of the Heads of Government of the Caribbean Community, held in Barbados. Read full article
Comments
Disclaimer & comment rulesPerhaps the time has come, for all debts to be written of by all creditors,
Jul 14th, 2015 - 06:16 pm - Link - Report abuse 0then the world will be debt free to start all over again with a clean sheet,
just an expensive thought.
Noble ldea, Briton.
Jul 14th, 2015 - 09:24 pm - Link - Report abuse 0But it wouldn't be long before people & nations were running up debts again.
lt may even encourage countries to borrow again.
“Well, they wrote off my debt last time, perhaps they'll do it again………”
Don't see it. The “Troika” has determined that Greece must pay and suffer until it does. Therefore argieland must pay and suffer until it does. Cut it off from the rest of the world and we can crowd round and watch it die. No access to anything. No communications to anywhere outside its borders. No access to the UN, the WTO, the ICJ, the IMF, the WB. The Caribbean can just be left to die. Air travel not allowed. External travel not allowed. Caribbean countries are criminals and druggies anyway. Pen them in and watch them kill each other. Love this idea that people in debt can just say we're not paying. Bombs and missiles until they “change their minds”. What is there in the Caribbean, Central or South America that is worth keeping? Eliminate and replace with proper people. Nothing latino permitted.
Jul 14th, 2015 - 09:40 pm - Link - Report abuse 0Commenting for this story is now closed.
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